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Title: If you place $100 in a bank account that pays 6% at the end of each year, and you leave your $100 ... Post by: PaulKet on Nov 12, 2017 If you place $100 in a bank account that pays 6% at the end of each year, and you leave your $100 and all your interest in the bank, how much will you have in the bank at the end of seven years with annual compounding?
A) (106)7. B) 7 ∗ (106). C) 100 ∗ (1.60)7. D) 100 ∗ (1.06)7. Title: Re: If you place $100 in a bank account that pays 6% at the end of each year, and you leave your ... Post by: desperado2 on Nov 12, 2017 D
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